Kingswood confirms 'non-binding' agreement for £100m war chest
More than £100m in pipeline
"This is a further step in our path to becoming a leading global provider of trusted wealth planning and investment management solutions" - Kingswood's Patrick Goulding
Adviser consolidator Kingswood said it has agreed "non-binding" heads of terms with a provider of "substantial" growth capital to support its acquisition pipeline of more than £100m.
The financial advice network said the non-binding agreement it had secured related to a potential equity investment in the form of convertible preference shares. Kingswood said it was now undertaking...
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